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FBR

PCB paid Rs2bn tax during PSL-8, says Sethi

ISLAMABAD: The Pakistan Cricket Board (PCB) paid Rs 2 billion in terms of tax to the national kitty during the...

Published 31 Mar, 2023 06:45am

Business & Finance

PBC objects to SRO on records of firms’ beneficial owners

ISLAMABAD: The Pakistan Business Council (PBC) has expressed serious concerns over the Federal Board of Revenue’s...

Published 31 Mar, 2023 06:45am

Pakistan

Serious health consequences: Speakers call for additional tax on ‘unnecessary items’

ISLAMABAD: Speakers at a workshop while advocating for additional tax on unnecessary items, especially items with...

Published 31 Mar, 2023 06:45am

Opinion

Daunting fiscal challenges

Since the assumption of power in April 2022, the coalition government of Pakistan Democratic Movement (PDM) has been...

Published 31 Mar, 2023 06:45am

Business & Finance

PRGMEA exhorts FBR to release ST refunds timely

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the Federal Board...

Published 31 Mar, 2023 06:45am

Opinion

We don’t yet know what lies in store for us–I

The Muslims of the subcontinent of India got an independent state for themselves in 1947. Unfortunately, however, ...

Published 30 Mar, 2023 06:35am

Forex buyers, sellers: Senate panel urged to remove CNIC-video condition

ISLAMABAD: Exchange Companies Association of Pakistan (ECAP) Chairman Malik Bostan Wednesday suggested to the Senate...

Updated 30 Mar, 2023 08:27am

Business & Finance

Collection of govt duties, taxes: Banks to observe extended hours on 30th & 31st

KARACHI: The State Bank of Pakistan (SBP) Wednesday announced all branches of banks and field offices of SBP Banking...

Published 30 Mar, 2023 06:35am

Business & Finance

Cigarette brands of multinational firms: FBR chief informs Senate body about ‘historic’ increase in FED

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad said on Wednesday that the government has made ...

Published 30 Mar, 2023 06:35am

Business & Finance

Non-payment of Rs321.733m duty by KESC: ECC to approve pact to settle 27-year-old dispute today

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet on Thursday (Mar ...

Published 30 Mar, 2023 06:35am

Business & Finance

Taxpayer urges FTO to initiate action against taxmen for failing to implement recommendation

ISLAMABAD: In an unprecedented case, a taxpayer has filed an application before the FTO for starting defiance...

Updated 30 Mar, 2023 08:24am

Collection of sales tax on services: Centre, provinces agree on ‘place of supply rules’

ISLAMABAD: The federation and provinces were unanimous on the common rules in place of supply (Place of Supply ...

Updated 29 Mar, 2023 09:10am

Editorials

The macroeconomic mismanagement

EDITORIAL: There is mounting evidence of macroeconomic mismanagement coupled with a failure to proactively formulate...

Updated 29 Mar, 2023 07:07am

Business & Finance

Public complaints, taxpayers’ cases: FTO concerned at FBR’s attitude

ISLAMABAD: Federal Tax Ombudsman (FTO) has expressed grave concern over the cold blooded attitude of the Federal...

Published 29 Mar, 2023 06:27am

Business & Finance

Import of items: Telecom operators demand 5G with free spectrum, zero taxes for 5 yrs

ISLAMABAD: Telecom operators have demanded 5G with a free spectrum for five years and zero taxes on the import of...

Published 29 Mar, 2023 06:27am

Business & Finance

FBR cancels transfer of four customs officials

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn notification on the transfers and postings of four ...

Published 29 Mar, 2023 06:27am

Opinion

The economic malaise

Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term ...

Updated 28 Mar, 2023 06:52am

Opinion

There’s need for effective, harmonised ADR mechanism

The taxation of income and revenue is a complex subject with voluminous laws promulgated to attend to its regulation...

Updated 28 Mar, 2023 06:57am

FBR implements ‘blue channel facility’

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented the “Blue Channel facility” under the Risk...

Updated 28 Mar, 2023 08:47am

Tax evasion: FBR admits it lacks capacity to analyse big data

ISLAMABAD: The Federal Board of Revenue (FBR) has admitted that the tax machinery lacks the capacity to analyse big...

Updated 28 Mar, 2023 08:46am

Business & Finance

FBR transfers four senior officials

ISLAMABAD: Faiz Ahmad, a top Customs official and Director General, Directorate General of Intelligence &...

Published 28 Mar, 2023 06:21am

Business & Finance

KTBA requests SRB to reverse ‘portal changes’

KARACHI: Karachi Tax Bar Association (KTBA) has requested the Sindh Revenue Board (SRB) to reverse the change made ...

Published 28 Mar, 2023 06:21am

Business & Finance

PSMA calls for changes in tax rates for scrap dealers

LAHORE: The Pakistan Steel Melters Association (PSMA) on Sunday said that withholding tax on supply of scrap should...

Published 27 Mar, 2023 06:38am

Opinion

Stop blaming the IMF!

It has been forty days since the IMF’s (International Monetary Fund’s) technical talks concluded, but there have...

Published 27 Mar, 2023 06:15am

FBR to encourage taxpayers to adapt to ADRCs forum

ISLAMABAD: The Federal Board of Revenue (FBR) will encourage taxpayers to adapt to the forum of Alternate Dispute...

Updated 26 Mar, 2023 10:25am

Business & Finance

Letter circulating on social media: FBR hasn’t confirmed authenticity

ISLAMABAD: An anonymous letter purportedly written by a Grade-17 Inland Revenue officer of the Federal Board of...

Published 26 Mar, 2023 03:19am

Pakistan

DI&I Customs, Quetta: FTO unearths case of fake auction of seized vehicles

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed a case of fake auction of the seized vehicles by the...

Published 25 Mar, 2023 06:25am

Import of ‘Interactive Computer System’: Lower rate of 3pc duty to be applicable: FBR

ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) on Friday declared that a ...

Published 25 Mar, 2023 06:25am

Pakistan

Issue of sales tax value on sugar supply still pending in LHC

ISLAMABAD: The Federal Board of Revenue (FBR) has not fixed the minimum value on the supply of sugar for sales tax...

Published 24 Mar, 2023 05:55am

Linkage of smuggling cases with terrorist financing: FBR issues ‘Red Alerts Check List’ for CTD

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a “Red Alerts Check List” for the Counter Terrorism...

Updated 24 Mar, 2023 08:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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